Answer:
a. ending net fixed assets minus beginning net fixed assets plus depreciation.
Explanation:
Net capital spending can be defined as the total amount of money being spent by a business firm or an organization for the acquisition of fixed assets such as equipment, plants or factory, property, vehicle, software applications etc in a specific accounting period.
Net capital spending is equal to ending net fixed assets minus beginning net fixed assets plus depreciation. Thus, a change in net fixed assets (ending net fixed assets minus beginning net fixed assets) plus depreciation is used to calculate the net capital spending of a business.
Mathematically, the net capital spending is given by the formula;
Where;
N = net capital spending.
En = ending net fixed assets.
Bn = beginning net fixed assets.
D = depreciation of the fixed assets.
Answer:
$19,600
Explanation:
Using the FIFO method, only 25% of the inventory should be valued at full cost (conversion + materials), while the remaining 75% of the 5,600 units should be valued only at the materials cost, since conversion is still required. The total cost assigned to ending work in process inventory is:
The total cost is $19,600.
Answer:
$1,423.39
Explanation:
For computing the current bond price we use the present value formula i.e to be shown in the attachment below:
Given that,
Future value = $1,000
Rate of interest = 6% ÷ 2 = 3%
NPER = 13 years - 1 year = 12 years × 2 = 24 years
PMT = $1,000 × 11% ÷ 2 = $55
The formula is shown below:
= -PV(Rate;NPER;PMT;FV;type)
After applying the above formula, the current bond price is $1,423.39
